Lender is requesting that we require annual tax returns/personal financial statements on our guarantors & borrower.
If Lender is requesting annual tax returns/personal financial statements, please see below a screenshot of Section D.5. of the Loan Agreement and let us know if that would satisfy your lender's request.
If the lender wants the fees to be subtracted from proceeds/loan amount you have two options:
If the fees that are being paid by the Borrower are being netted out of loan proceeds, it would be "Financed" and paid by the borrower.
If the fees that are being paid by the Borrower are done outside of closing that would be POC (Paid Outside of Closing).